Perp Trader Lesson 1 of 11 · 4 min

What GammaFlip shows in 60 seconds

Understand that the bars on the GEX chart mark where price is likely to react.

Open GammaFlip right now and look at the chart. You'll see a column of colored bars next to a price axis.

GEX by Strike chart showing green and red bars with key levels annotated

That's it. That's GEX (Gamma Exposure).

Each bar answers a single question: at this price level, are market forces likely to slow price down or push it further?

Green bars — stabilizing zones

A green bar means the market structure at that price level creates stabilizing pressure. Think of it as a magnet.

You don't need to understand why yet. Just remember: green = magnet.

Red bars — volatility zones

A red bar means the market structure at that price level creates amplifying pressure. If price reaches a red zone, moves tend to accelerate.

Remember: red = accelerant.

The one number that changes everything

Look for the horizontal line that separates the green territory from the red territory. That's the Flip point.

You'll learn how to use this properly in the next lesson. For now, just know it exists.

Your 60-second read

Next time you open GammaFlip, do this:

  1. Find the tallest green bar — that's P1, the strongest stabilizing level
  2. Find where the chart flips from green to red — that's the Flip point
  3. Note which side of the Flip point price is on right now

Three pieces of information. Thirty seconds. You now know more about what the market structure looks like than 95% of traders looking at a bare price chart.

Open the app and try it: identify P1 and the Flip point on today's BTC chart before moving to the next lesson.

Check your understanding

What does a tall green bar on the GEX chart mean?

It marks a level where market forces tend to stabilize price — a likely area for reversals or stalls.

If you see mostly green bars above the current price and mostly red bars below, what's the immediate interpretation?

Price is approaching a stabilizing zone from below. There's likely resistance ahead, so be cautious adding to longs near those green bars.

Try it in the app →

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